About Refrigerator Market
The refrigerator market in developed regions is growing at a low rate because the household penetration rate for primary refrigeration appliance is already at a high level and has reached the mature stage. Refrigerator has become an essential durable for everyday household and is being used by consumers in developed countries for years now. With minimum average product lifespan of five years and maximum lifespan of 8-10 years, the product has long replacement cycles.
Technavio’s analysts forecast the global refrigerator market to grow at a CAGR of 4.5% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global refrigerator market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of refrigerators worldwide.
The market is divided into the following segments based on geography:
• APAC
• Europe
• MEA
• North America
Technavio's report, Global Refrigerator Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Electrolux
• Haier
• LG Electronics
• Samsung Electronics
• Whirlpool
Other prominent vendors
• Arçelik
• Bosch
• Godrej
• Hisense
• Hitachi
• Midea
• Miele
• Mitsubishi Electric
• Panasonic
• Sharp
• Toshiba
Market driver
• Inclination toward more sophisticated and advanced models
• For a full, detailed list, view our report
Market challenge
• Low replacement need due to high average lifespan
• For a full, detailed list, view our report
Market trend
• Retro designs and color-rich patterns
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
PART 01: Executive summary
• Highlights
PART 02: Scope of the report
• Market overview
• Top-vendor offerings
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
PART 05: Market landscape
• Market overview
• Market size and forecast
• Five forces analysis
PART 06: Market segmentation by freezer location
• Freezer-on-top refrigerators
• Freezer-on-bottom refrigerators
• Freezer-less and others
PART 07: Market segmentation by door type
• Single-door refrigerator
• Double-door refrigerator
• French door refrigerator
• Others
PART 08: Market segmentation by distribution channel
PART 09: Geographical segmentation
• North America
• Europe
• APAC
• MEA
PART 10: Key leading countries
• US
• Germany
• Japan
• China
• Russia
PART 11: Market drivers
• Warmer/hotter weather conditions and need for food preservation
• Use of eco-friendly and energy-efficient technologies in refrigerators
• Inclination toward more sophisticated and advanced models
PART 12: Impact of drivers
PART 13: Market challenges
• Requirement of high innovation and R&D investments
• Low replacement need due to high average lifespan
• Continuous demand for support and services
• High cost of technologically advanced refrigerators
PART 14: Impact of drivers and challenges
PART 15: Market trends
• Trend for smart and technologically advanced refrigerators
• Retro designs and color-rich patterns
• Growing use of glass door refrigerator at home
PART 16: Vendor landscape
• Competitive landscape
PART 17: Key vendor analysis
• Electrolux
• Haier
• LG Electronics
• Samsung Electronics
• Whirlpool
• Other prominent vendors
PART 18: Appendix
• List of abbreviations
PART 19: Explore Technavio
List of Exhibits
Exhibit 01: Segmentation by freezer location, door type, and distribution channels
Exhibit 02: Product offerings
Exhibit 03: Global kitchen appliance overview
Exhibit 04: Important factors affecting the growth of kitchen appliances market globally
Exhibit 05: Global kitchen appliances market 2014-2020 ($ billions)
Exhibit 06: Penetration rate of refrigerator in households of different regions
Exhibit 07: Purchasing criteria of consumers for residential refrigerators in 2015
Exhibit 08: Global refrigerator market 2015-2020 ($ billions)
Exhibit 09: New privately owned housing units started in the US 2012-2014
Exhibit 10: Some of the popular technologies in refrigerators gaining consumers' attention
Exhibit 11: Compressors used in refrigerators
Exhibit 12: Comparison between conventional refrigerators and inverter technology refrigerators
Exhibit 13: Functions of inverter refrigerator according to the seasons
Exhibit 14: Five forces analysis
Exhibit 15: Global refrigerator market segmentation by freezer location by market share (%)
Exhibit 16: Global refrigerator market segmentation by door type and by market share 2015 (%)
Exhibit 17: Segmentation by distribution channel in 2015
Exhibit 18: Advertisement market share of different types of refrigerator in Canada in 2015 (%)
Exhibit 19: Global electricity consumption on household cold appliances (refrigerators and freezers) by region in 2015 (%)
Exhibit 20: Segmentation by geographical segmentation in 2015
Exhibit 21: Country share for refrigerator export, by country in 2015 (%)
Exhibit 22: Advertisement market share of the US for different refrigerators in 2015 (%)
Exhibit 23: Share of households with refrigerators in Germany in 2014 and 2015
Exhibit 24: Products and average storage days in refrigerator
Exhibit 25: Global electricity usage (kWh) per annum by regular household appliances 2015 (%)
Exhibit 26: Impact of drivers
Exhibit 27: Impact of drivers and challenges
Exhibit 28: Perception of consumers and manufacturers on smart appliances for different parameters
Exhibit 29: Factors making consumers opt for glass door refrigerators
Exhibit 30: Competitive assessment of top players
Exhibit 31: Electrolux: Business segmentation by revenue 2015
Exhibit 32: Electrolux: Geographical segmentation by revenue 2015
Exhibit 33: Haier: Business segmentation by revenue 2015
Exhibit 34: Haier: Geographical segmentation by revenue 2015
Exhibit 35: LG Electronics: Business segmentation by revenue 2015
Exhibit 36: LG Electronics: Geographical segmentation by revenue 2015
Exhibit 37: Samsung Electronics: Business segmentation by revenue 2015
Exhibit 38: Samsung Electronics: Geographical segmentation by revenue 2015
Exhibit 39: Whirlpool: Business segmentation by revenue 2015
Exhibit 40: Whirlpool: Geographical segmentation by revenue 2015
